Sep. 8 at 2:07 PM
$LMT
$AIN contract is a pittance compared to what
$LMT received as per 10 Bil for Missile Defense. Long
$LMT.
"The Albany Engineered Composites contracts for advanced braiding and resin transfer technologies for Lockheed Martin’s JASSM and LRASM programs, announced on September 8, 2025, are likely worth significantly less than Lockheed Martin’s
$9.8 billion PAC-3 MSE contract announced on September 3, 2025. While exact figures for AEC’s contracts are unavailable, they are estimated to be in the range of tens to hundreds of millions of dollars, far below the
$9.8 billion value of the PAC-3 contract. Both announcements occurred within the same week, satisfying the time period requirement. For precise valuation of AEC’s contracts, further details from Albany International Corp. "
